$5000 City of Peoria Down Payment Grant Expanded

The City of Peoria has expanded the down payment grant program from $5,000 to $10,000 for non-owner occupied homes that are located within the Qualifying Tract Area. The Mike Van Cleve Team can assist with this program. Since January of 2022 the City of Peoria has offered $5,000 towards a buyer’s down payment as long as the home price doesn’t exceed $125,000 and is located within one of the qualifying areas.

The grant is forgiven if the owner lives in the property for at least two years following the purchase. The City just expanded the program to also include up to $10,000 for a buyer who is purchasing a property that is on the City of Peoria’s non-owner occupied rental list. For more information, contact our team and we can discuss your options by emailing Mike at mike@mikevancleve.com or visiting our contact us page.

About the Author

Mike Van Cleve, Realtor® & Team Leader

A few highlights about my background...

Graduated from the University of Illinois in 2002 with a Bachelors in Architecture
Spent nearly six years living in Chicago practicing architecture, specializing in accessible design and consulting in the Americans with Disabilities and Fair Housing Act. Consulting clients including small business to Fortune 500 companies, Architects, and some of the nation's largest residential developers on compliance with accessible design and guidelines.
Relocated to Peoria, IL in 2007, continuing to practice architecture focusing on healthcare, education, and accessible design.
In 2011, transitioned into a career in residential construction and then obtaining his real estate license the following year.
Nominated for Peoria Area Association of Realtors Rookie of the Year in 2012
Named 2015 Distinguished Member for Community Service by the Peoria Area Association of Realtors
In the top 10% of agents in the Greater Peoria Area for sales volume.

I am active in the community coaching youth wheelchair basketball with the Peoria Wildcats alongside his wife Katie, as Chair of Advocates for Access Board of Directors, previously served as Chair and Vice Chair of the City of Peoria Mayor's Advisory Committee for Citizens with Disabilities, and numerous other Boards and volunteering endeavors. Together Katie and I have a ten-year-old daughter Maeve, and we live in a warehouse to home conversion near Bradley in Peoria, IL.